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India names demonetisation supporter as chief economic adviser

Reuters  |  NEW DELHI 

By Alasdair PalNEW DELHI (Reuters) - India's government appointed a new chief economic adviser on Friday, naming a U.S.-trained professor who praised the country's shock decision to remove most of its banknotes from circulation.Krishnamurthy Subramanian, a professor from the Indian School of Business, will serve a three-year term in the country's finance ministry. His predecessor, Arvind Subramanian, abruptly left the post for personal reasons in June.While studying for his doctorate at the University of Chicago, Subramanian was supervised by Raghuram Rajan, a former International Monetary ...

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First Published: Fri, December 07 2018. 17:13 IST